Fine wine investment enjoyed a growing reputation for resilience during the ups and downs of Covid. Chloe Ashton, COO at Wine Lister, takes a closer look at the evolution of this ever-changing market.
As famous for its wines as it is for entrepreneurial spirit and world-beating technology, it’s no surprise that innovation continues to come thick and fast from across the pond. From everyman investment platforms to robotic wine management systems and AI wine matching services, Jo Gilbert rounds up what’s new out of the US.
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Albéric Bichot, who has been elected president of the Union des Maisons de Vins de Grande Bourgogne (UMVGB) has called for the industry to prepare for the Post-Covid world.
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After a tumultuous 12 months, Nicolas Clerc, brand manager at Armit Wines reflects on buying and the impact of Brexit on running a ‘virtual’ Burgundy EP campaign
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Exports of Burgundy wine to the UK rose 16.1% in volume in the first eleven months of the year compared to the same period last year, with value up 10%, according to the latest Bourgogne Wine Board (BIVB) data.
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Bordeaux Index has reported record volume trading volumes for Q4 2020, with Bordeaux and Burgundy to the fore, in what the fine wine trading platform described as “step change gains” compared with Q4 2019.
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As if 2020 wasn’t bad enough, France faced a drought so bad that water restrictions were put in place. Nowhere was the lack of water felt more keenly than in Burgundy, where irrigation is illegal.
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Ex-Silicon Valley entrepreneur Michael Baum, owner of Burgundy estate Chateau de Pommard, has launched an experiential wine platform with sustainability at its heart.
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Zachys has revealed the results of its London II auction, which included what the business claims to be the world’s first barrel of Burgundy to be sold at auction.
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Despite a continued shift upward in the prices for top wines, Burgundy’s lower tiers are showing signs of stagnation, according to analysis released by Wine Lister as the 2019 en primeur releases begin.
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Zachys has announced its first European multi-vendor sale will take place in London and will include what it claims to be the world’s first barrel of Burgundy to be sold at auction.
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Berry Bros & Rudd (BBR) has announced that the restructure of trade arm FMV is complete, leaving almost 100 producers in its trimmed portfolio, with traditional strength Burgundy at its core.
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Jascots Wine Merchants has added Bierzo producer Vinos de Losada to its growing portfolio.
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Hilary Gibbs, founder and owner of Domaine Direct, has died.
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Maison Louis Latour has been ramping up its search for the best slopes for its hero Pinot Noir grape outside of Burgundy as a way of offering customers “stable” wine prices.
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Lay & Wheeler has bolstered its senior team with the immediate addition of Simon Staples and Catherine Petrie MW.
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Bordeaux’s share of trade fell to a record low last week with sales hit by Coronavirus and US tariffs uncertainty.
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Bountiful crops and idyllic weather was the talk of Europe in 2018, following on from the dismal vintage shortfalls of 2017 where producers suffered bouts of frost, hail and a late spell of searing heat.
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Chateau de Pommard, the Burgundy estate owned by American businessman Michael Baum, is undergoing a major winery upgrade in order to help launch the seven terroirs and soil-types of its walled vineyard Clos Marey-Monge into key markets.
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Maison Joseph Drouhin has joined forces with Enotria & Coe to heighten its visibility in the premium on-trade in a move it said reflected a "new approach to the UK".
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